Tech Beat

View the Space to Launch Mobile Platform

View the Space's Andrew Flint (left), the head of business development, and Ryan Massiello, the chief revenue officer with the new mobile app on his phone

Commercial real estate leasing startup View the Space is preparing to introduce a mobile reporting platform, Commercial Observer has learned.

Next week, the real-time data provider, which aims to streamline the leasing process for brokers and landlords, will introduce the mobile platform for iPhone and iPad after beta testing the product for the last couple of weeks. Read More

Lease Beat

CRE Tech Service Provider Leases Space on West 36th Street

142 West 36th Street

View the Space is taking more than 7,000 square feet in Herald Square Properties and Davis Companies‘ 142 West 36th Street, Commercial Observer has learned.

The commercial real estate software company, which claims the largest library of commercial real estate videos in the world, is taking the entire 12th floor in the 116,000-square-foot building, marking the first tenant to move into the new Mufson Partnership-designed pre-built offices between Broadway and Seventh Avenue. Read More

Cover Story

As Cornell begins to rise on Roosevelt Island, tech industry ponders future

Aerial  rendering of Cornell NYC Tech (source: Kilograph)

Even as the construction process commences on a marquee Roosevelt Island technology project, some tech companies are uncertain about how the industry will fare now that Mayor Michael Bloomberg, a staunch advocate for tech, is out of office. 

As Cornell NYC Tech, the engineering school slated for Roosevelt Island, makes its way through the development process and the city welcomes a new administration, it prompts a question: Will the sustainable applied science and engineering campus—and tech in general—get the same level of attention from Mayor Bill de Blasio as it did from his predecessor, Mr. Bloomberg? Read More

Venture Capital

Real Estate Startup Gets $7M in Venture Funding

VTS Screenshot (Courtesy: View the Space)

View the Space, the real estate startup that collects leasing data and creates virtual space tours, has secured a $7 million round of venture funding.

The funding, provided primarily by Trinity Ventures of Menlo Park, Calif., will allow View the Space to expand into new markets and build the next generation of the service, according to a report by The Wall Street Journal.

“We believe that real estate has been, like some industries, underpenetrated by information technology,” said Noel Fenton, a general partner at Trinity, in an interview with the Journal. “There is an opportunity there to help owners and brokers execute their job more efficiently through online facilities.”

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Bricks and Megabytes

HonestBuildings Secures Financing

A screenshot of the new HonestBuildings website (photo courtesy of HonestBuildings.com)

HonestBuildingsa new tech start-up co-founded by a former Tishman Speyer executive, has secured its first round of financing from a group of venture capital firms that include RockPort Capital and Mohr Davidow Ventures, the company is expected to announce later today.

Since launching in March, the website has expanded its roster of buildings listed on its site from 30,000 to 600,000, and now operates in markets that include New York City, Washington D.C., San Francisco, Seattle, Austin, Dallas and Houston. 
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The Lobby

View the Space Nabs Marketing/Yoga Specialist Melissa Libner Away From SL Green

Melissa Libner (R) with CBRE's Brad Gerla (photo from Real Estate Social Network)

Fast-growing website View The Space has poached SL Green Realty Corp.’s director of marketing to become the head of marketing for the upstart start-up, it was announced today.

Melissa Libner, who had worked for SL Green and its subsidiary eEmerge for nearly 12 years, is excited to be joining VTS.

“From the minute I saw their product, I knew this is where the world was heading,” Ms. Libner, 35, told The Commercial Observer. 

Despite spending most of her career at SL Green, Ms. Libner felt she had taken her job at the REIT as high as she could.

“SL Green is never going to value marketing and ideas and innovation the way a start-up like VTS would, because they have so much to grow in this marketplace,” she said.  Read More